#0: World Bank and IMF Caught Demanding Lockdowns, Curfews In Exchange for Massive Loans

World Bank and IMF Caught Demanding Lockdowns, Curfews In Exchange for Massive Loans

I have no idea how long this brief podflash may be available.  Hear it while you can and put two and two together. 

So whose money is it really?  It says right on it to whom it belongs.  Even if you happen to have an account at one of the institutions that issues brands of THEIR money; are you a partner of such an organization?  Are you in any way shape or form materially responsible for the issuance of any of that money?  (Shhh.  The accounts are where all the money resides anyway regardless of what the tokens are or what they're made of.  Don't unduly annoy the "gold bugs" who imagine their dream of a gold backed money - which ARTIFICIALLY LIMITS MONEY SUPPLY - will put a stop to inflation).  NO!  It will drive the world down with deflation where those who have any of THEIR money after the collapse will be able to buy from people who have been wiped out of their life savings, etc. 

This story is actually huge.  The country in question, Belarus, has a currency called the Belarusian Ruble.  One of them is worth 41 cents American right now.  I would expect to see this and many other currencies devalued and inflation to start to take off in these countries.  What causes inflation?  THEY tell you it's too much money chasing too few goods.  But NOT ALL MONEY IS BID AGAINST ALL ITEMS AT ONCE.  So this is NOT the complete answer.

What did Riegel tell us?  He said inflation was the result of watered down currency all right, except that the cause of the watering was the mixing of "backed" and "unbacked" money.  What was "backed" in Riegel's view?  Money that the government taxed back and re-spent as opposed to money that the government newly spent, which was "unbacked."  So if all money were backed by a limited supply of gold, what would be the result?  There would be a limit to how much money there would be at any instant.  Who controls that?  The owners of the monopoly awarded the task of "backing" the money; those who own the gold mines, the mints that press the coins and the markets where the price of gold is manipulated by speculators who are directly affiliated with the other owners of the money.

What about depreciation of assets and the destruction of all money?  What about the wearing away of metal coins?  What happens when resale of depreciated assets causes money to fall off the account records?   New money must come from somewhere else economies DIE!  So THEIR economics, "sound money," all that are COMPLETELY WRONG aren't they?  Of course, because real LEGITIMATE money must originate from a buyer wanting to buy something, willing to take back the money he issues by selling something back, and whatever that money buys "backs" it.  Why are these SIMPLE ideas so hard to swallow?  THEY want it to appear complicated, mostly to cover THEIR thefts, because THEY actually own all the money, THEY let you hold onto some of it, but THEY could have THEIR best credit risk customers; governments FORCE everyone to pay THEM back THEIR money.  You think not?  It's happened before and will again.  Then what?  Are you still going to believe THEM?  I gave that up a long time ago.  THIS HERE is the only reasonable alternative and it's certainly worth your further study.  Be seeing you